Advocacy and Community Mobilization
The Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS) Loan Training Program
The Agri-Business/Small & Medium Enterprise Investment Scheme (AGSMEIS) is an initiative to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic and employment generation. https://nirsalmfb.caderp.com/account/landingpage
To be eligible interested applicants must attend a one week compulsory training with a Central Bank of Nigeria (CBN) certified Entrepreneurship Development Institute (EDI).
Financing under the Scheme shall be for start-ups, business expansion or revival of ailing companies. The terms of the loans shall be as follows:
Loan amount: Up to N10,000,000
Interest: 9% per annum
Tenor: Up to 7 years (depending on nature/gestation period of the project)
Moratorium: Maximum of 18 months.
Training Locations: CYID office Abuja/Lagos & online (zoom)
Duration: Monday – Friday
Physical training: 10.am-1pm
Online training: 4pm-5.30pm
For participation and further information please call Ken on +234-9-292-1158